Some interesting data coming from Wired Innovation Insights this Thursday. A survey that utilized 2,000 Americans as respondents show that the legitimacy of bitcoin as a force for good, outside of our community, is very in doubt.
Wired notes that the survey was run three times over the course of two months, amidst the Mt. Gox disaster that ended with the exchange filing for bankruptcy protection.
Perhaps the result that stands out most: 62 percent of respondents believe that bitcoin is a scam of some sort. 15 percent of male respondents believe that bitcoin is used to fund terrorism.
23 percent of respondents would consider bitcoin more legitimate if they could purchase a Big Mac at McDonalds with it.
By the time the third survey was done (at the height of the Mt. Gox news), an additional 6 percent of respondents believed bitcoin was a scam.
Some other data from the surveys:
- 30 percent of respondents are considering investing in bitcoin or bitcoin mining
- 42 percent of younger respondents believe bitcoin is here to stay
- 45 percent of respondents above 35 years of age actually knew what bitcoin was
- 29 percent of respondents above 35 years of age think bitcoin has no monetary value
Of course, these figures are not representative of the entire population, but it does shed some light as to what the ordinary Joe might be thinking about bitcoin.
For complete statistics and corresponding report, check out the Wired post here.